Magellan Financial Group (STU:NNA) Buyback Yield % : 0.23 (As of May. 25, 2024)

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What is Magellan Financial Group Buyback Yield %?

Buyback yield is the net repurchase of shares outstanding over the market capital of the company. It is a measure of shareholder return.

Magellan Financial Group's current buyback yield was 0.23%.

Magellan Financial Group Buyback Yield % Historical Data

The historical data trend for Magellan Financial Group's Buyback Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Magellan Financial Group Buyback Yield % Chart

Magellan Financial Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Buyback Yield %

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-2.60

-0.59

2.15

Magellan Financial Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Buyback Yield %	Get a 7-Day Free Trial															-1.18	0.05	4.43	0.07	0.34

Competitive Comparison of Magellan Financial Group's Buyback Yield %

For the Asset Management subindustry, Magellan Financial Group's Buyback Yield %, along with its competitors' market caps and Buyback Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Magellan Financial Group's Buyback Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Magellan Financial Group's Buyback Yield % distribution charts can be found below:

* The bar in red indicates where Magellan Financial Group's Buyback Yield % falls into.

Magellan Financial Group Buyback Yield % Calculation

Buyback yield is a measure of shareholder return.

Magellan Financial Group's Buyback Yield for the fiscal year that ended in Jun. 2023 is calculated as

Buyback Yield	=	Net Issuance of Stock			/	Market Cap
	=	- (Repurchase of Stock	+	Issuance of Stock)	/	Market Cap
	=	- (-25.068	+	0)	/	1166.4879
	=	2.15%

Magellan Financial Group's annualized Buyback Yield for the quarter that ended in Dec. 2023 is calculated as

Buyback Yield	=	Net Issuance of Stock		(Annualized)			/	Market Cap
	=	- (Repurchase of Stock	+	Issuance of Stock)	*	Annualized Factor	/	Market Cap
	=	- (-1.708	+	0)	*	2	/	1013.796
	=	0.34%

In calculating the annualized semi-annual data, the Repurchase of Stock and Issuance of Stock data used here is two times the semi-annual (Dec. 2023) data.

Magellan Financial Group Buyback Yield % Related Terms

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Magellan Financial Group (STU:NNA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Magellan Financial Group Ltd (STU:NNA) » Definitions » Buyback Yield %

Comparable Companies

Traded in Other Exchanges

MGLLF:USA NNA:Germany MFG:Australia

Address

25 Martin Place, Level 36, Sydney, NSW, AUS, 2000

Website

https://www.magellangroup.com.au

Magellan Financial Group is an Australia-based niche funds manager. Established in 2006, the firm specializes in the management of equity and infrastructure funds for domestic retail and institutional investors. Magellan has historically been particularly successful in winning mandates from global institutional investors. Current FUM is split across global equities, infrastructure and Australian equities.